We have written an article which answers this question in detail (available here), but we are investing in Romania because the development of renewable energy will have a tangibly positive impact on human health. Also, because it will help Romania meet its renewable energy targets, contribute to its energy independence, and help ensure its long-term economic competitiveness.
Solar projects of this size require various things – not least a large flat site which benefits from good solar irradiation and energy yield. Dama Solar is also located near to the 400 kV transmission ring and is in close proximity to interconnection points with Hungary.
No – although, in August 2025, Rezolv Energy was awarded two contracts for difference (CfDs) by the Ministry of Energy in Romania’s second CfD auction. These CfDs covered the first two (out of three) phases of the Dama Solar project. . Dama Solar will produce subsidy-free clean power – at a highly competitive, stable price.
Rezolv acquired the project from the Monsson Group. The Monsson Group is continuing to work with Rezolv on the development of the project.
Approximately 95% of the land required for the project is owned by Agricola Grăniceri, a Romanian agricultural company. Use of the land for the solar plant has therefore been secured via commercial contracts with Agricola Grăniceri.
No. The project will not require the displacement of either people or buildings.
Construction work will start in the coming monthsH1 2026. The construction phase will take approximately two and a half years to complete, but will be carried out in stagesphases, with the first section of the plant put into operation 10 months from the start of construction.
Yes. Battery storage enhances grid stability and supports the integration of more renewables without requiring extensive grid upgrades. Our plan is for Dama Solar to host one of the biggest co-located energy storage systems in Romania.
We are currently in the advanced stages of structuring the construction financing, which will be provided by a combination of our own resources and project finance debt provided by regionally active lenders.
No. The project’s internal cabling will be underground.
Yes, free power will be provided for public buildings and street lighting.
No. Once the operation stage begins, robots will periodically clean the PV panel rows. Dry cleaning methods will be employed to avoid any potential soil contamination or water-related issues.